CVN 10.8% 16.5¢ carnarvon energy limited

Hi FtroopSlide-26 shows a separate 'prospect' mapped as Roc...

  1. Ya
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    Hi Ftroop

    Slide-26 shows a separate 'prospect' mapped as Roc South & not connected with Dorado. The Caley is shown as pale blue for this. The green patch on earlier slides does cover a very large area, but doesn't necessarily mean its HC bearing as it all comes down to structural closure & integrity of Seal in place. Hence the need for multiple wells to prove or disprove that. It's better to wait for the initial drilling results & WL logs to reveal the findings at RS#1 just like D#1 where the JV were chasing 545 bcf gas, 30 mmbbls condensate in the Caley & instead hit 96m gross Oil column, rest is history. 'Box of chocolates' scenario comes to mind.
    cheers
 
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